Digital X-Ray System Market Will Surge at 3.60% CAGR Up to 2025: QY Research, Inc.
Los Angeles, CA -- (SBWire) -- 04/16/2019 --Digital X-ray systems consist of the same basic parts as analog X-ray systems such as X-ray sensors, amplifiers, image processing computers, and displays. The major difference is the presence of an analog-to-digital converter that converts the analog image to a digital image with the help of detectors inside the system. Digital X-rays can be separated into direct and indirect conversions. The current digital X-ray technology can reduce the exposure of individuals to radiation, improve quality, eliminate cost, and help in the easy processing of images compared to traditional X-ray systems.
The demand for digital X-ray systems is growing at a significant rate since the procedure forms the basis of diagnosis and also the treatment of various medical conditions. Tele-imaging enables healthcare professionals to perform and interpret medical images from remote locations, where the technology is hard to reach. The tele-imaging technology has undergone significant technological advancements which let the doctor or hospital to share videos and images of ultrasound via the Internet, using an IP camera and remote access software. This technology allows real-time teleradiology expertise in the presence of a junior sonographer or radiologist at the patient center. It helps in reducing inpatient care and will be efficient in handling the shortage of the physician's workforce. Moreover, the introduction of fully automated, versatile, and easy-to-use digital X-ray systems has led to significant expansion of teleradiology and tele-imaging in remote areas, which will drive this market's growth over the next four years.
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The global digital X-ray systems market is oligopoly in nature, where three leading manufacturers namely GE Healthcare, Philips Healthcare, and Siemens Healthcare dominate the market. With the growing demand for digital X-ray systems, these companies are implementing organic and inorganic growth strategies to drive volume growth, revenue growth, and profitability. The market has witnessed the emergence of new products that can be used with reduced radiation doses as compared to conventional systems.
In terms of geography, the Americas is the largest revenue contributor to the global digital X-ray systems market. The increasing burden of chronic diseases and other medical conditions such as injuries and accidents in the Americas will lead to the augmented adoption of digital X-ray systems. It finds extensive applications such as interventional X-ray, mammography, and general radiography. Furthermore, the rise in awareness for the diagnosis of chronic conditions such as breast cancer have increased the demand for the digital X-ray systems in the Americas.
The global Digital X-ray System market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Digital X-ray System market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital X-ray System in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Carestream
Fujifilm Medical Systems
GE Healthcare
Philips Healthcare
Siemens Healthcare
AGA Sanitätsartikel
Akrus
ALVO Medical
BiHealthcare
CI Healthcare
ConVida Healthcare & Systems
Eschmann Equipment
Famed ?ywiec
INFIMED
Medifa-hesse
Merivaara
NUOVA BN
OPT SurgiSystems
Oricare
STILLE
UFSKOSYS
By the product type, the market is primarily split into
Stationary digital X-ray systems
Portable digital X-ray systems
By the end users/application, this report covers the following segments
Interventional X-ray
Mammography
Fluoroscopy
Dental X-ray
Radiography
Veterinary X-ray
Mobile C-arm
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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